Machine Tool Coolant Pump Industry Growth Opportunities 2032
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In 2023, the global machine tool coolant pump market was valued at USD 1.2 billion and is expected to grow to USD 2.1 billion by 2032, growing at a compound annual growth rate (CAGR) of 6.1%. The key growth factors include rapid industrialization, heavy investments in manufacturing sectors, and the demand for cooling systems that optimize machine tool performance.